Willis Lease Finance Corporation (NASDAQ:WLFC) Director Robert T. Morris sold 500 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $25.83, for a total value of $12,915.00. Following the completion of the sale, the director now directly owns 11,020 shares in the company, valued at $284,646.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Willis Lease Finance Corporation (WLFC) traded down $0.10 during midday trading on Thursday, reaching $25.55. The company’s stock had a trading volume of 9,753 shares, compared to its average volume of 19,111. The firm has a market capitalization of $165.48, a price-to-earnings ratio of 4.25 and a beta of 0.66. Willis Lease Finance Corporation has a 1 year low of $21.10 and a 1 year high of $28.06.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in shares of Willis Lease Finance by 8.9% during the third quarter. Bank of New York Mellon Corp now owns 53,669 shares of the transportation company’s stock valued at $1,320,000 after purchasing an additional 4,370 shares during the period. State Street Corp increased its holdings in shares of Willis Lease Finance by 11.7% during the second quarter. State Street Corp now owns 54,017 shares of the transportation company’s stock valued at $1,446,000 after purchasing an additional 5,668 shares during the period. California Public Employees Retirement System increased its holdings in shares of Willis Lease Finance by 14.6% during the second quarter. California Public Employees Retirement System now owns 35,400 shares of the transportation company’s stock valued at $946,000 after purchasing an additional 4,500 shares during the period. Vanguard Group Inc. increased its holdings in shares of Willis Lease Finance by 0.4% during the second quarter. Vanguard Group Inc. now owns 214,409 shares of the transportation company’s stock valued at $5,731,000 after purchasing an additional 924 shares during the period. Finally, Menta Capital LLC increased its holdings in shares of Willis Lease Finance by 4.6% during the second quarter. Menta Capital LLC now owns 24,814 shares of the transportation company’s stock valued at $663,000 after purchasing an additional 1,081 shares during the period. 36.52% of the stock is currently owned by institutional investors.

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Willis Lease Finance Company Profile

Willis Lease Finance Corporation along with its subsidiaries is a lessor of commercial aircraft engines. The Company operates through two business segments, such as Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves acquiring and leasing, primarily pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment.